These Magnificent 7 Stocks Just Hit Critical Levels

Daily Video Newsletter Wednesday, February 28, 2024     Welcome to the Wednesday edition of the TheoTrade Report.    Webinar Replay Catapult to Profits: The Moonshot Formula With Don Kaufman Click Here   ================================================     Free TheoNight Report - for Wednesday, February 28, 2024 by Don Kaufman - These "Magnificent 7" Stocks Just Hit Critical Levels   These stocks have been leading the markets higher and lower for months now, to the exclusion of practically everything else - including hard economic data! (Including PCE, which drops tomorrow.) FOMO-stricken investors and traders are bidding them up to (literally) insane levels.   There's really not much else left to buy… and if there was it'd be too expensive anyway. Bargains have gone the way of the dodo. These stocks, particularly Nvidia, are all that matter right now.   I hate it, and if you've been with me for a while, you know I hate it. But that's the reality we have to deal with. And it looks like very soon we'll be dealing with a whole lot of ugly.   That's because a few of the Magnificent 7 stocks are hitting critical, make-or-break technical levels right now. And if the "break" possibility pans out, the clueless crowd is in for a world of hurt…   Let me show you exactly where these stocks are right now and how close they are to the danger zone…   Click here to watch the video     Don Kaufman - Feb 28 - I'm Surprised the Government Even Bothers with Data Anymore Volume came back in late pre-market trading, nearly double what it had been in the last few sessions. That's because the bean counters in D.C. obliged us with the latest GDP numbers, wholesale inventories, retail sales, and some other reporting. No really big surprises there - growth came in a little stronger than expected. It was a veritable data party… But…   But this is the one-stock stock market, where, for all intents and purposes, Nvidia can move the needle far more than "mere" fundamental economic data. Time was, Uncle Sam's numbers would have kicked off a frenzy of trading, but not today. That's not a great sign. And we'll talk about that and a lot more right now…   Brandon Chapman, CMT - Feb 28 - Here's the Next Gamma Squeeze Opportunity Find yourself on the wrong side of one of these and you can easily be sunk. But if you exploit a gamma squeeze properly, you can clean up. Here's what's happening…    Brandon Chapman, CMT - Feb 28 - 10 Stocks Looking to Make Huge Moves There's a big rotation underway out there in the markets, and these companies are set to benefit from it. Watch…     Recent Media Appearances by TheoTrade   NEW! 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